Marshall islands, Nov. 5 -- The Asian Development Bank (ADB) has approved an $11.7 million grant for the Marshall Islands, including $6.7 million in additional funding to help the government respond to rising fuel and food costs caused by the conflict in the Middle East. The grant will also support reforms to improve tax collection, government spending, and essential public services. The Marshall Islands declared a state of economic emergency in March 2026 and adopted a fuel crisis response plan in April. The additional $6.7 million, provided under ADB's broader response to the economic effects of the Middle East conflict, will help meet the government's increased financing needs. The country depends heavily on imported fuel for electricity...